Transaction Processing Systems Are Primarily Used to Automate Business Processes

question 71

Multiple Choice

Transaction processing systems are primarily used to automate business processes. Automation increases efficiency and effectiveness, while reducing head count which in turn reduces the overall operational ________.

• A) costs
• B) systems
• C) revenues
• D) intelligence

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Definitions:

Nonprofit Organizations

Organizations that operate for charitable, educational, cultural, or social welfare purposes, using surplus revenues to further achieve their goals rather than distributing them as profit or dividends.

Revenue Over Expenses

A financial metric indicating profitability, where income surpasses the costs incurred in generating it.

Shareholders

Individuals or entities that own shares in a corporation, making them co-owners of the business and entitling them to dividends and certain rights.

Treasury

The department within a government or corporation responsible for managing financial operations, including revenue, expenditure, and debt.